Topic: May Bitcoin be considered money according to Islam? - page 8. (Read 2661 times)
According to Islam, bitcoin is still controversial, while some Islamic countries accept bitcoin trade, while in many countries it isn't clear. I think no problem because there are still discussions about Bitcoin all over the world.
An interesting question is whether Bitcoin is money according to Islam.
Some Islamic scholars do not recognize bitcoin as a currency because one of the conditions that must be met as a currency is that it has a physical form while bitcoin does not meet these requirements. However, basically, bitcoin is created not as a currency but as a digital product that has value. Why is bitcoin now widely regarded as currency? The answer is because bitcoin starts switching functions and is used as goods for trading or investment.
he said that halal bitcoin, and meet the requirements of Islamic Shari'a, so for you who are Muslim. do not hesitate because halal bitcoin is used for you.
assalamualaikum
Ahahahaha
Unusual question ... indeed, there is something to think about HD
However, I unfortunately do not know much about Islam ... so I'll help you with the solution of this question ...
However, for the question, thanks, really something new)
Unusual question ... indeed, there is something to think about HD
However, I unfortunately do not know much about Islam ... so I'll help you with the solution of this question ...
However, for the question, thanks, really something new)
An interesting question is whether Bitcoin is money according to Islam.
Some Islamic scholars do not recognize bitcoin as a currency because one of the conditions that must be met as a currency is that it has a physical form while bitcoin does not meet these requirements. However, basically, bitcoin is created not as a currency but as a digital product that has value. Why is bitcoin now widely regarded as currency? The answer is because bitcoin starts switching functions and is used as goods for trading or investment.
i have no idea about this but i can say bitcoin is not money but a digital currency and its like asset and it is halal in islamic law.
I don't think that it does matter which religion you have. I have never heard that dollar has been mentioned in the Islamic religion as well. It is business and financial side has nothing to do with religion
Anything which is earned by gambling or by the method of acquiring interest, is not acceptable in Islam. BTC are mined, i.e. people do work hard in it, and they pour money on it and get the work done. It does not defy the law in Islam so far, so it should not be haram.
I do not know, I just know This is a kind of money created by a person or organization named Satoshi Nakamoto in 2008.
An interesting question is whether Bitcoin is money according to Islam.
No it doesn't, Bitcoin is not money which it is a cryptocurrency means that a digital currency in which encryption techniques to generate money. 
In general, Islam does not recognize any currency that is not covered by gold, silver, and other assets.
Based on the above definition, all current currencies are not considered as money according to Islamic Sharia.
Muslim scholars in the current era added an exception to the currencies not covered by gold provided that there is a hand issued and guaranteed value such as the Central Bank.
Therefore, most Muslim scholars do not recognize bitcoin but may change in the future.
Based on the above definition, all current currencies are not considered as money according to Islamic Sharia.
Muslim scholars in the current era added an exception to the currencies not covered by gold provided that there is a hand issued and guaranteed value such as the Central Bank.
Therefore, most Muslim scholars do not recognize bitcoin but may change in the future.
An interesting question is whether Bitcoin is money according to Islam.
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